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PPI Refund after Payplan IVA Completion Help

OutOfTheWoods
OutOfTheWoods Posts: 32 Forumite
Fifth Anniversary 10 Posts Combo Breaker
edited 28 January 2020 at 6:13PM in Reclaim PPI & other insurance
Hello, i completed my IVA with Payplan well over 4 years ago now,

I originally owed £18k but repaid around £23k to Payplan including £8k of PPI at the time.

I have recently received a letter from Tescos saying Im due another refund of £3500 but they are saying it will be paid to Payplan!

Is this right? I’ve paid around £5k more than i borrowed originally & they still want more from me!!!

Do Payplan still have any claim over PPI after 4 years of completing my IVA?

Thanks.
Debt free after 10 year:)

Comments

  • Bermonia
    Bermonia Posts: 977 Forumite
    500 Posts
    If the PPI was paid for prior to the IVA then yes any redress would be considered a pre IVA assets, your best course of action would be to talk to your insolvency practitioner.
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